Review of SME export assistance program announced
Trade minister Simon Birmingham has announced a review of the Export Market Development Grants scheme.
What’s made of legumes but sizzles on the barbie like beef? Australia’s new high-tech meat alternative
By Martin Cole, CSIRO and Mary Ann Augustin, CSIRO There is a revolution taking place in burger joints and supermarkets across Australia. Plant products that taste and behave like meat are increasingly making their way onto the plates of consumers as concern grows over the environmental impact of food production. This week the CSIRO launched…
Immuron receives US funding to develop gut treatment
Listed gut health company Immuron (ASX: IMC) has received a $5.5 million grant from the US Department of Defence to develop a new oral drug targeting bacteria that cause ill health. The company, which markets Travelan for the prevention of travellers’ diarrhoea, will develop a combination anti-microbial preventative medicine for clinical evaluation. The product will…
Sky and Space to raise new funds
Perth satellite IoT communications company Sky and Space Global (ASX: SAS) is to raise new funds from investors to fund building and launching eight nano-satellites. Shareholders at a special meeting approved a proposed share placement and additions to the company’s board of directors. The company issued a brief statement which said: “Following shareholder approval, SAS…
Cortical Dynamics may sell in South Korea
Cortical Dynamics has received regulatory approval which will lead on to an ability to sell its brain anaesthetic response monitoring (BARM) system device in South Korea. The Perth company’s Korean distributor, Globaluck, received a certificate of approval from the Korea Good Manufacturing Practice, according to an announcement by Cortical shareholder, bphenergy (ASX: BPH). The approval…
New $13.7 million biosolids centre at RMIT announced
Federal funding of $3.9 million was announced on Wednesday to establish the Australian Research Council’s Training Centre for the Transformation of Australia’s Biosolids Resource, headquartered at RMIT University.
Australia’s digital competitiveness is slipping. Here’s how we can catch up
David Tuffley, Senior Lecturer in Applied Ethics & CyberSecurity, Griffith University Australia’s ability to compete with other nations in a technology-enabled world is declining, according to a report recently released by the Committee for Economic Development of Australia (CEDA). In 2019 Australia dropped to 14th on the global league table of digital competitiveness, down from…
CSIRO and Hungry Jack’s likely to sell not-meat burgers
CSIRO, Main Sequence Ventures and Jack Cowin’s Competitive Foods Australia have teamed up to back v2food, a start-up developing a plant-based meat substitute. The company, headed by former Masterfoods and PepsiCo Research Director, Nick Hazell, will likely sell its product through the Hungry Jack’s chain, part of Competitive Foods ‘whch has provided start-up capital. Head…
Schneider Electric wins contract for Attack submarine switchboards
France’s Schneider Electric which has a large Australian manufacturing footprint has been awarded the important contract to supply DC switchboards to the $50 billion Attack class submarine programme. The company, which employs 4,000 in Australia including at its large Clipsal facility in Adelaide, will transfer technolocy to its local arm to enable it to make…
Magnis moves closer to $1bn battery plant go ahead
Magnis Energy (ASX: MNS) has moved a step closer to a go ahead for its proposed billion dollar lithium ion battery plant with the submission of a feasibility study to the Queensland government. The study, which examined the building of an 18GWh mega factory in three stages at Townsville, concludes the plant would cost $3…